ATOMIC MINERALS CORPORATION (:ATOM) Atomic Minerals Concludes Debt Settlement Transaction

Directive transparence : information réglementée

24/11/2023 00:30

VANCOUVER, BC / ACCESSWIRE / November 23, 2023 / Atomic Minerals Corporation ("ATOMIC MINERALS" or the "Company") (TSXV:ATOM) Further to its news release on November 20, 2023, the Company has received TSX Venture Exchange approval for a debt settlement agreement with an arm's length third party.

The Company has allotted and issued an aggregate of 579,710 common shares in the capital of the Company (each, a "Share") at a deemed price of $0.08625 per Share, to settle a total indebtedness of CAD$50,000 (the "Transaction").

The Company resolved to extinguish the outstanding indebtedness with Shares and preserve its cash for operations. All Shares issued pursuant to the Transaction are subject to a four-month and one-day hold period expiring on March 24, 2024.

About the Company

Atomic Minerals is a Vancouver based publicly listed uranium exploration company trading on the TSX Venture Exchange, with current assets in Saskatchewan's Athabasca Basin and the Four Corners region of the southwest United States. The Company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.

For additional information, please visit the Company's website at www.atomicminerals.ca


"Clive Massey"
Clive H. Massey
President & CEO

For further information, please contact:

Dave Langlais
(778) 316-5105

Neither TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Atomic Minerals Corporation

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